Replies to post #78545 on 8000 Incorporated (EIGH)

[dmerc]

and, a copy/paste from the last financial:

Actual Float: 77,391,750.
Beneficial Owners holding more than 5%
Conrad Wall, 20 Ravens House, Wadbrooke Street, Kingston Upon Thames, Surrey,
Class: Common
There are no corporate beneficial owners.
Opening Balances
8000 Inc. was formed through a reverse merger into an existing Pink Sheet company. A detailed

[life3970]

Craig,

I love that line....

So, someone had best to come up with 57,391,750 REAL CERTS that will be retired at the Transfer Agent........

How does that go......"Lucy...you have some splanin to do."

[bob41]

The Pinksheets doesn´t vet info supplied to them by the company (EIGH).

[lem114933]

If shares are non-tradable for any reason.....they are restricted and have a leggend attatched to them.

The company now admits that the T/A has only 5,000,000 restricted shares and the float is 138 + mil.

Have fun.

[dmerc]

Craig, I was AGREEING with you!!! down boy, down! lol

[wormwood]

Craig or a non basher can you explain to me if the float is locked down and we don't sell how is EIGH going to get share count to 20 million.I am not seeing something. Thanks.

[Mustang66]

Beautiful post Sir. eom

[overachiever]

The O/S is 143,824,000 in which 77,391,750 shares is the true float BECAUSE 66,432,250 shares of the O/S IS NON DILUTABLE under a financing agreement that the company instituted........

What financing agreement? With whom and what are the terms? They have no details listed in their financial filings about this. and since they (quite falsely) claim to be accounting in accordance with US GAAP, they should discuss this in the footnotes.

That is the problem with this scam. They make a lot of claims which later turn out to be totally false.

[redwing992006]

Craig Baker- I still have all of my shares ( about a quarter million) which are still not for sale. I think that some ( a few) gave up hope and sold, but there are still a huge number of us still waiting for positive events, suc has shares retired, great quarterly revenue numbers, other surprises. This could definitiely go up very quickly and soon again. I do believe that there are a large number af NSS that will help the share price rise.

My question for you ( or others) - how can the company retire 57 million shares? Do they have to buy them at open market? Can they buy them from current large shareholders in a seperate deal? If they have to buy on the open market, isn't that the same as the "short squeeze" effect we are hoping for. ( shorts buying/covering about that same number). That doesn't seem to make sense as share price will get too high to buy them all.